Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-09-29 19.632706 22.406283 25.434764 28.987703 33.042923 37.528654 42.869378
2024-10-06 16.508984 20.303495 24.764949 30.400490 37.335079 45.597537 56.203423
2024-10-13 13.707264 18.036602 23.479253 30.830654 40.515640 52.861234 69.832276
2024-10-20 11.130187 15.602308 21.588165 30.198067 42.292309 58.719834 82.808840
2024-10-27 9.262467 13.783937 20.205140 30.007888 44.640594 65.750368 98.665554
2024-11-03 8.097256 12.755744 19.755544 31.066442 48.959739 76.304167 121.524078
2024-11-10 7.209027 11.988926 19.567639 32.496302 54.114879 89.022430 150.094847
2024-11-17 6.264772 10.968304 18.816122 32.912050 57.759446 100.040740 178.098396
2024-11-24 5.252080 9.654185 17.362670 31.902463 58.849323 107.046815 200.698730
2024-12-01 4.418709 8.507827 16.005474 30.823174 59.630836 113.670067 223.943538
2024-12-08 3.846969 7.743599 15.210592 30.643920 62.059886 123.753660 255.727228
2024-12-15 3.419802 7.183421 14.707270 30.941919 65.481915 136.365346 295.045441
2024-12-22 3.030912 6.647083 14.192563 31.199829 69.042272 150.254789 340.652229
2024-12-29 2.777545 6.352510 14.129666 32.420682 74.938681 170.257292 404.049146
2025-01-05 2.478080 5.900729 13.650924 32.639770 78.677773 186.321537 462.101872
2025-01-12 2.149087 5.318910 12.777698 31.784607 79.768115 196.589934 508.703361
2025-01-19 1.900411 4.882309 12.164270 31.439327 82.042801 210.165055 566.683882
2025-01-26 1.756579 4.680664 12.085712 32.430380 87.932719 233.965408 656.896337
2025-02-02 1.646585 4.546197 12.153466 33.825680 95.203782 262.863958 767.755618
2025-02-09 1.501482 4.289464 11.856612 34.180111 99.721579 285.336544 865.737119
2025-02-16 1.316808 3.886661 11.092141 33.071031 99.866774 295.696461 930.563894
2025-02-23 1.154952 3.518445 10.357393 31.905789 99.624889 304.951327 994.409997
2025-03-02 1.044445 3.282112 9.960376 31.683967 102.241021 323.369438 1092.037808